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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Lea County Electric Cooperative Inc.

Lea County Electric Cooperative Inc.

Fiscal year ending 2019. Filed on September 28, 2020.

PO Box 1447
Lovington, New Mexico 88260

Lea County Electric Cooperative Inc. (EIN: 85-0096243) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Lea County Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 6 out of 94 total employees. Among the employees shown here, the average compensation is $261,341. The highest compensated employee at Lea County Electric Cooperative Inc. is Bobby Ferris with fiscal year 2019 compensation of $446,252.

Revenue, expenses, and employee compensation

Revenue

$99,141,098

Expenses

$99,141,098

Employee compensation

$6,951,695
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bobby Ferris
General Manager
$446,252
$289,343 No related comp$156,909
Bobby Kimbro
System Operating Manager
$268,440
$183,565 No related comp$84,875
Michael Faris
Accounting Manager
$267,214
$151,420 No related comp$115,794
John Benard
Distribution Manager
$253,676
$154,343 No related comp$99,333
Doug Gruenwald
Line Foreman
$196,675
$134,828 No related comp$61,847
Janette Faris
Admin Service Manager
$135,788
$130,697 No related comp$5,091

Benchmark Employee Compensation

Non-Employee Board Members

Robert Caudle
Vice President
$31,288
$31,288 No related compNo other comp
Charles Kinsolving
Trustee
$25,099
$25,099 No related compNo other comp
Randall McCormick
Trustee
$23,949
$23,949 No related compNo other comp
John Graham
President
$23,299
$23,299 No related compNo other comp
Dan Hardin
Secretary and Treasurer
$22,727
$22,727 No related compNo other comp
Kenny Wallace
Trustee
$22,099
$22,099 No related compNo other comp
Charles Garner Jr
Trustee
$21,299
$21,299 No related compNo other comp
Jason Swann
Trustee
$20,749
$20,749 No related compNo other comp
Travis Glenn
Trustee
$20,149
$20,149 No related compNo other comp

Contractors

Higher Power
Distribution Line Construction
$1,621,333
Westcon Construction
Substation Construction
$911,824
Arc Construction
Distribution Line Construction
$667,058
Bhi Energy Power
Distribution Line Construction
$143,471
Alamon
Pole Inspections
$114,874

Mission Statement

LEA COUNTY ELECTRIC IS A COMMUNITY FOCUSED COOPERATIVE THAT STRIVES TO BE INNOVATIVE AND ENVIRONMENTALLY FRIENDLY.

Revisions to this organization profile

November 12, 2025:
2024 Lea County Electric Cooperative Inc. 990 filed
November 15, 2024:
2023 Lea County Electric Cooperative Inc. 990 filed
November 16, 2023:
2022 Lea County Electric Cooperative Inc. 990 filed

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